Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies […]
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The technology-enabled home care startup Honor has acquired one of the largest providers of personal home care in the country — Home Instead — in an effort to become the “default” provider of services for seniors in the U.S. The acquisition became effective Friday and financial terms of the deal were not disclosed. Together, the […]
Amedisys Inc. (Nasdaq: AMED) executives are still coming down from the excitement around closing the company’s market-moving acquisition of Contessa Health, a home-based care innovator dedicated to shifting higher-acuity care into the home. But along with big future plans for Contessa and its legacy segments, the Baton Rouge, Louisiana-based aging-in-place giant also continues to face […]
Addus HomeCare Corporation (Nasdaq: ADUS) has remained laser focused on one goal for some time now: building out all three of its home-based service lines in markets where it is already present. That requires a strategic and aggressive M&A strategy, which Addus has executed in the past year. It plans to continue making moves in […]
Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that. In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators […]
The home health industry reached a major legislative milestone on Thursday, with U.S. Sens. Debbie Stabenow (D-Mich.) and Todd Young (R-Ind.) teaming up to introduce a new bill to support in-home care alternatives to skilled nursing facilities (SNFs). Endorsed by the AARP and supported by a long list of home-based care advocates, the Choose Home […]
Those interested in what Encompass Health Corporation (NYSE: EHC) will do next with its home health and hospice segment have been largely left to read the tea leaves up to this point. And while there is still not a final conclusion, the company is on the verge of completing its exploration of “strategic alternatives” for […]
Barb Jacobsmeyer is the new head of Encompass Health’s (NYSE: EHC) home health and hospice segment, taking over following the departure of former CEO and founder April Anthony. Previously the head of the Birmingham, Alabama-based company’s in-patient hospitals segment, Jacobsmeyer takes the helm at a point when Encompass Health is nearing a conclusion on its […]
Last September, ModivCare Inc. (NYSE: MODV) acquired the large personal care services provider Simplura Health Group for $575 million. Less than nine months later, ModivCare President and CEO Daniel Greenleaf shared a vision for growing his company to a $1 billion home-based care player with a true national footprint. ModivCare has now taken a giant […]
The Program of All-Inclusive Care for the Elderly (PACE) concept has gained significant business and policy momentum over the past several months, with recent research also highlighting just how successful programs were at avoiding COVID-19 deaths compared to other care settings. Despite that traction and the model’s clear benefits, PACE still faces a long list […]